Henry's Caf provides the following budgets for cash receipts and cash disbursements for the year 2020...
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Henry's Café provides the following budgets for cash receipts and cash disbursements for the year 2020 on a quarterly basis. The ending cash balance on December 31, 2019 was $18,500. Q3 Q4 Total Receipts Q1 Q2 $26,000 $20,000 $22,000 $55,000 $123,000 Disbursements $19,000 $29,000 $12,000 $29,000 $89,000 Do not enter dollar signs or commas in the input boxes. Use the negative sign for negative values. a) Calculate the net cash flow for each quarter. Q1 Q2 Receipts Disbursements $ Net Cash Flow S Q3 M 04 b) Calculate the ending cash balance for each quarter. Q1 Q2 Opening Balance $ $ Net Cash Flow $ Ending Balance $ $ Q3 Q4 Henry's Café provides the following budgets for cash receipts and cash disbursements for the year 2020 on a quarterly basis. The ending cash balance on December 31, 2019 was $18,500. Q3 Q4 Total Receipts Q1 Q2 $26,000 $20,000 $22,000 $55,000 $123,000 Disbursements $19,000 $29,000 $12,000 $29,000 $89,000 Do not enter dollar signs or commas in the input boxes. Use the negative sign for negative values. a) Calculate the net cash flow for each quarter. Q1 Q2 Receipts Disbursements $ Net Cash Flow S Q3 M 04 b) Calculate the ending cash balance for each quarter. Q1 Q2 Opening Balance $ $ Net Cash Flow $ Ending Balance $ $ Q3 Q4
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ANSWER Step 1 Answer a Q1 Q2 Q3 Q4 Receiptsa 26000 20000 22000 123000 Disbursementsb ... View the full answer
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